Tag: China

BusinessSemiconductors

Nexperia China Unit Defies Dutch Headquarters Amid Escalating Control Dispute

Nexperia’s Chinese subsidiary has directed employees to disregard instructions from the Dutch headquarters, signaling a potential corporate split. The directive comes amid escalating tensions between Chinese and Dutch authorities over control of the semiconductor manufacturer, with both governments implementing retaliatory measures affecting global supply chains.

Corporate Division Emerges at Chinese-Owned Chipmaker

Nexperia’s China operations have instructed local employees to ignore directives from the company’s Dutch headquarters, according to reports detailing an internal memo circulated Sunday. The communication advised staff to follow only instructions from the domestic management team, which sources indicate will now “operate and make decisions independently as a Chinese enterprise.”

by Mason Drayton
CrimeCybersecurity

Myanmar Junta Raids Notorious Cyber Scam Hub with Alleged Chinese Ties

Myanmar’s junta forces have raided the notorious KK Park scam compound, releasing over 2,000 workers according to official statements. The operation comes as Beijing increases pressure on border regions to dismantle criminal networks linked to Chinese syndicates.

Massive Cyber Scam Operation Disrupted in Border Raid

Myanmar’s military government has conducted a major raid on the infamous KK Park scam compound, reportedly releasing more than 2,000 workers who had been forced to operate cyber scams under brutal conditions. According to reports from the junta’s information ministry, forces “cleared” the facility and confiscated 30 Starlink satellite terminals manufactured by Elon Musk‘s company, which sources indicate were being used to facilitate online criminal activities from the remote border location.

by Mason Drayton
EconomyTrade

American Households Report Financial Strain as Tariff-Driven Price Hikes Reshape Daily Spending

** American families are reporting significant changes to their shopping habits and household budgets as new tariffs take effect. From essential groceries to car tires, consumers describe facing both higher prices and emptier store shelves, with analysts projecting the financial impact on households could reach thousands annually. **CONTENT:**

Mounting Financial Pressure on U.S. Consumers

by Darren Holt